Log In/Sign Up
Your email has been sent.
Walgreens 634 N Church St 14,550 SF Retail Building Thomaston, GA 30286 $3,987,778 ($274.07/SF) 6.75% Cap Rate
Investment Highlights
- Corporate Guarantee
- Passive Ownership Structure
- Drive-Thru Convenience
- Retail Corridor Positioning
Executive Summary
Surmount is pleased to present the exclusive listing for a Walgreens located at 634 N Church St, Thomaston, GA. The site consists of roughly 14,550 rentable square feet of building space on an estimated 1.29-acre parcel of land. This Walgreens is subject to a 15-year Triple Net (NNN) lease, which commenced 2/22/2024. The current annual rent is $269,175 and has scheduled increases of 5.00% every 5 years.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
14,550 SF
Building Class
B
Year Built
2007
Price
$3,987,778
Price Per SF
$274.07
Cap Rate
6.75%
NOI
$269,175
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
1.29 AC
Opportunity Zone
Yes
Zoning
C2
Frontage
175’ on CHURCH ST
Nearby Major Retailers
Property Taxes
| Parcel Number | T20-183 | Improvements Assessment | $439,681 |
| Land Assessment | $123,120 | Total Assessment | $562,801 |
Property Taxes
Parcel Number
T20-183
Land Assessment
$123,120
Improvements Assessment
$439,681
Total Assessment
$562,801
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Walgreens | 634 N Church St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.